Cash Transfer Evolution and Why It Matters for the Global Oil and Gas Boom

About the Program

Many of the world's poorest and most fragile states are joining the ranks of oil and gas producers. These countries face critical policy questions about managing and spending new revenue in a way that is beneficial to their people. At the same time, a growing number of developing countries have initiated cash transfers as a response to poverty, and these programs are showing impressive results.

The Center for Global Development is exploring the option of putting these two trends together: countries seeking to manage new resource wealth should consider distributing income directly to citizens as cash transfers. Beyond serving as a powerful and proven policy intervention, cash transfers may also mitigate the corrosive effect natural resource revenue often has on governance.

About the Speaker

Todd Moss is vice president for programs and senior fellow at the Center for Global Development. Moss oversees the Center’s fundraising efforts and relations with external partners. In addition to his institutional responsibilities, he directs The Emerging Africa Project and his work focuses on U.S.-Africa relations and financial issues facing sub-Saharan Africa, including policies that affect private investment, debt, and aid. He is currently working on cash transfers in new oil economies, new ideas for structuring US development policy, and the future of IDA.

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The International Development Speaker Series is open to PRGS students, RAND staff, and community members interested in global development. Learn how to attend and join the mailing list for future events.

About PRGS

PRGS is unique in American higher education. It was founded in 1970 as one of the original eight graduate programs in public policy analysis. PRGS was the only program specializing in the Ph.D. It is also the only one based at a public policy research institute—the Santa Monica, California-based RAND Corporation—which invented many of the analytical tools of public policy analysis. Learn more at www.prgs.edu

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